In this lease termination case (Pruett v. River Land Holdings, LLC, No. 03-22-00478-CV, 2024 WL 1745652, at *1 [Tex. App.—Austin Apr. 24, 2024, no pet.]), the Austin Court of Appeals was tasked with examining a cessation of...more
5/22/2025
/ Appeals ,
Commercial Leases ,
Contract Disputes ,
Contract Terms ,
Estoppel ,
Lease Termination ,
Leases ,
Mineral Leases ,
Oil & Gas ,
Summary Judgment ,
Texas
In this recent case, the Texas Supreme Court resolved whether ratification of a lease or signing of a stipulation agreement could transform a fixed non-participating royalty interest (NPRI) into a floating NPRI....more
5/5/2025
/ ConocoPhillips ,
Contract Disputes ,
Contract Interpretation ,
Contract Modification ,
Dispute Resolution ,
Gas Royalties ,
Leases ,
Mineral Leases ,
Mineral Rights ,
Oil & Gas ,
Property Owners ,
Ratification ,
Real Estate Transactions ,
Royalties ,
Texas ,
TX Supreme Court